Lyles, TN—37098
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lyles, TN
Lyles, TN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $256,000 | 4.0% |
| Single Family | $256,000 | 5.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $310,000 | 4.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lyles, TN
As of July '25, Rentcast reports the average rent in Lyles, TN is $1,430, with a year-over-year rent change of -3.4%. Per bedroom, the median rent as of July '25 in Lyles, TN is 1-bedrooms: $1,300, 2-bedrooms: $1,450, 3-bedrooms: $1,800. The most common rental property sizes in Lyles, TN are 3-bedroom and 2-bedroom, accounting for 67.5% and 31.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,430 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,300 |
| 2 Bed Rent | $1,450 | $1,450 |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lyles, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Lyles, TN is 50. This is a increase of 8.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $416,000 | 14.0% |
Listing Count | 22 | 17.0% |
| Listings as % of Homes | 0.8% | 17.0% |
Days on Market | 50 | 8.0% |
Demographics — Lyles, TN
As of the latest ACS Survey released in 2023, Lyles, TN has a population of 5,930, which has decreased by -12.8% over the past 5 years. Lyles, TN is a popular place for families, as children make up 25.4% of the population. The area has a poorly educated workforce, with 11.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,930 | -12.8% |
% Under 18 | 25.4% | -15.1% |
% Seniors | 16.7% | 94.2% |
% WFH | 7.1% | 294.4% |
% w/ College Degree | 11.6% | 54.7% |
As of the latest ACS Survey released in 2023, Lyles, TN is a predominantly white area, with 87.0% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Lyles, TN is hispanic, making up 5.2% of the population. Foreign-born residents account for 2.4% of the population in Lyles, TN, and this percentage has increased by 20.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.0% | -3.8% |
% Black | 2.2% | -42.1% |
% Hispanic | 5.2% | 2.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.4% | 20.0% |
Mortgage and Risk — Lyles, TN
According to HUD data as of 2023, there were 112 mortgage originations in Lyles, TN, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Lyles, TN. Investor activity is low, as 0.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 112 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Lyles, TN
Lyles, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$450 | $1,300 | $850 |
| 2 Bedroom | -$500 | $1,450 | $950 |
| 3 Bedroom | -$550 | $1,800 | $1,250 |
| 4 Bedroom | N/A | N/A | $1,530 |
Affordability — Lyles, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $256,000 |
| Median Household Income | $53,900 |